General Announcement::Optus Boosts Regional Mobile Telephony Coverage with 1800MHz Spectrum

Issuer & Securities

Issuer/ Manager
OPTUS FINANCE PTY LIMITED
Securities
OPTUS FIN EURO700M3.5%N200915 - XS0541498837 - 4KHB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
05-Feb-2016 06:47:27
Status
New
Announcement Sub Title
Optus Boosts Regional Mobile Telephony Coverage with 1800MHz Spectrum
Announcement Reference
SG160205OTHRZAC0
Submitted By (Co./ Ind. Name)
Paul O'Brien
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Singtel Optus Pty Limited ('Optus'), a related corporate entity, today announced it has successfully acquired new regional licences in the 1800 MHz spectrum band. Optus successfully acquired 2 x 20 MHz in 5 regions and 2 x 25 MHz in 7 regions for a total amount of A$196 million.
The 1800 MHz acquisition means Optus is well placed to expand its 4G network coverage to more places around Australia. The Optus mobile network currently reaches 98.5 per of the Australian population, with 4G services now available for more than 90 per cent of Australians.

Attachments

Optus bosts regional mobile coverage.pdf
Total size =347K